# Teaser

A one-page anonymous summary, circulated before anyone signs an [NDA](https://searchspheresource.com/glossary/nda).

It is your first filter, meant to earn an NDA without revealing whose business it is. Read it for what it will not say: a teaser that hides the industry and geography entirely, or leans on adjectives where numbers belong, is telling you something before you have signed a thing.

In numbers: A teaser for a $4,300,000 listing runs one page: 'Midwest commercial cleaning company, $7.7M revenue, $1,400,000 [SDE](https://searchspheresource.com/glossary/sde), 70% contract-recurring, owner retiring.' No name, no city; specific enough to earn an NDA, vague enough to protect the seller if it does not.

Source: https://searchspheresource.com/glossary/teaser
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt